Pre-Inspections: It’s Better To Be In “The Know”
Why get a pre-inspection before listing your home
Imagine this: You’re in the middle of closing a deal on your home, when the buyers’ home inspection discovers a major issue with your roof. The buyers want to renegotiate on the price, and are ready to walk away… The deal is falling apart – if only there was a way you could have known and fixed this before listing… Luckily, there is. Getting a pre-inspection could have avoided this whole situation.
The last thing you want to have happen when you’re selling your home is to have a deal fall apart in the closing process because of an issue you could have avoided, like a leaky pipe or a roof repair. Fortunately, there is a way for you to know the entire condition of your home prior to listing, in order to perform any necessary repairs, and disclose any and all issues prior to the buyer discovering them on their own. By getting a pre-inspection done, you can find out the current condition of your home, and can give yourself the time and option to repair what you can prior to listing.
No one likes surprises, especially during the sale process of a home. A pre-inspection will make for fewer surprises for you, and knowing before you proceed to the sale process is actually going to help you in the long run. You may be wondering why have a pre-inspection done when a home inspection is performed by the buyers regardless, but there are several reasons to have a pre-home inspection done. It’s important to understand that any issues in your home are going to come out during the buyer’s inspection anyways, so having the prior knowledge and time to address any issues makes it a better situation for you and your potential buyer. It shows your dedication to the regular maintenance of your home, and allows you to disclose any issues ahead of time, giving the buyer more confidence in the condition of their potential new home. The entire purpose of a home inspection is to reveal any issues with the home. However, the benefit of having a pre-home inspection done is that you can know about these issues prior to going on the market and make the necessary repairs. That way, once you’re listed on the market, you’re just disclosing the repairs done, rather than discovering an issue during the closing process of a deal. This can avoid major stress and headaches during the closing process.
Another advantage of a pre-home inspection revealing small/large issues is that it gives you the time to repair these problems at your convenience, rather than having to try and rush to perform repairs while on the market. Having a clear view when you are navigating to sell your home is a major advantage for you. You can avoid a large bartering process at closing by having issues repaired and disclosed, rather than discovered. Cosmetic issues found can be repaired quickly and easily, allowing you to receive top value for you home. By performing necessary repairs, you can increase the sale value of your home and it makes for a committed buyer once you’re in the closing process. It is also important to note that you can have issues fixed for approximately 50% of the cost that a buyer may request during negotiations, should you preform these repairs prior to listing your home.
After deciding that you’re going to have a pre-home inspection done based on the benefits, you may be wondering what can be done to have the inspection go smoothly? In order to increase the marketability of your home, you want this pre-home inspection to highlight that your “home has been well-maintained, and that ongoing maintenance is always needed”. In order to do so, there a few things that can be done to increase the positive outcome of your inspection.
Firstly, remove any clutter that may be blocking or limiting access to electrical panels, heating and cooling systems, foundation walls, and other mechanical equipment. These are major points of inspection, and you want to ensure that these areas are accessible. If the clutter is not removed, then your report will read no access, and that creates uncertainty in your home inspection. Next, ensure that under your sinks are clean and clear of clutter, so the inspector can determine if there are any issues without ambiguity. Ensure that there is easy access to your attic, as the attic is a key area of inspection, and replace any light bulbs in your home that may be burnt out, as a dead light bulb can be the difference between a pass or fail as it prevents the inspector from determining if they all work properly. Lastly, disclose any known flaws to the home inspector upfront, and provide repair and maintenance documentation if it is available. Your willingness to disclose and repair issues is important in the entire home-sale process.
By performing a pre-home inspection, you give yourself the time to make any necessary repairs prior to listing, giving your home a competitive edge on the market by reassuring potential buyers of the well-maintained condition of your home. This all reflects positively during the closing process of a sale, and can result in receiving the highest value for your home, with little or no conditions in a deal as all the factors of the home are already known. Any and all issues in your home will be discovered during the buyers home inspection regardless, so making yourself aware of this factors and performing the necessary repairs can lead to a more successful, and less stressful home selling experience.